In general, business travel expenses must be considered both “ordinary and necessary” to be tax-deductible. Ordinary means it is common and accepted within the trade or business. Necessary means it…

While not technically related, pass-through deductions and casualty losses can easily confuse even the most seasoned landlords. This article explains how and if you can take advantage of these tax…

Rental property depreciation is one of the biggest and most important deductions for real estate investors because it reduces taxable income but not cash flow. For many landlords, the most…

Once your property is in service, you’ll need to determine whether each repair and maintenance expense you incur should be classified as a regular expense or a capital improvement that…

As a rental property owner, it’s not uncommon for your properties to produce a net loss for tax purposes thanks to depreciation and other operating expenses.  The treatment of these…

With the increasing popularity of short-term rentals thanks to Airbnb, VRBO, and other vacation rental platforms, it’s important to understand some of the tax issues related to owning and operating…

Note: This post is one in a series of articles produced in collaboration with The Real Estate CPA as part of the Tax Guide series. All corresponding tax articles are…

If you’re like most real estate investors, tax season likely produces sweaty palms, an intimidating “to do” list, and an overwhelming sense of dread. The good news? It doesn’t have…